EMIT today announced that it has acquired the managed services business and customer base of Irish IT service provider, Softech. The deal will enable EMIT to grow its managed services business, and it is forecasting that the acquisition will add a further €2M in revenue over the next three years.
Founded in 2003 and based in Santry, Dublin, EMIT provides customers with IT solutions and Managed IT as a Service in four core business areas – Cloud Computing, Business Productivity, IT Security, and Infrastructure. This acquisition will strengthen EMIT’s Managed Service proposition and capabilities. It will also see EMIT actively supporting a customer base of over 3500 End Users, including enterprise, SMB, and public sector organisations.
Softech has been operating in Dublin since 1978. It provides a wide range of Infrastructure, Managed Services, Information Management, Cloud services and Business Intelligence solutions. Its management team assessed several potential acquirers before choosing EMIT, which was seen to have the strongest capabilities to manage its customer base. The acquisition cost is undisclosed.
Eamon Moore, founder and managing director of EMIT, said, “We have been looking closely at several acquisition opportunities for some time. We believe that Softech is the perfect fit for our business right now, particularly with its successful pedigree in delivering high quality IT services and solutions. We welcome their knowledge and experience, and will integrate their offerings, team members, and customers seamlessly into our business.”
“EMIT has very ambitious business development goals and will actively seek further growth, both organically and through further acquisitions.”
Aidan Bailey, Softech, said, “After meeting and assessing several companies, I am fully confident that EMIT is the best IT partner to look after the needs of our valued customer base. I pass on the business to EMIT knowing that it will meet the same very high standards of professional service that our customers have experienced during their time with Softech.”